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Dairy products lead rise in exports
Key commodity exports of dairy products and meat increased in value in September 2019, but these rises were partly offset by a fall in value of log and fruit exports, Stats NZ said today. In September 2019, the value of total goods exports rose $216 million (5.1 percent) from September 2018 to $4.5 billion, mainly driven by exports to China. Exports of dairy products (our largest export commodity group) led the rise in exports, up $199 million (28 percent) to $920 million in September 2019. This rise was led by milk powder, up $160 million on a year earlier. “New Zealand is exporting more milk powder than this time ... (full story)